Blueprint was chosen by a public REIT and its operating partner to execute the strategic sale of a 453-bed portfolio, including 28 Personal Care Home beds, located throughout Western Pennsylvania. The six locations average a 4-star CMS rating, including three 5-star rated facilities

The portfolio was uniquely positioned as a value-add opportunity for an incoming buyer to capitalize on strong historical performance and potential rate growth in submarkets with limited competition as overall census levels and cash flow continued to rebound from the pandemic

Targeting regional providers and mostly private investors, Blueprint’s process generated multiple offers resulting in the ultimate selection of an operator buyer seeking to establish a new footprint in the region

Managing all aspects of the sale process for its client, Blueprint actively engaged all parties to close the transaction and facilitate the transition of operations